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Virtual Economy:An Effective Tool for Transformation of the Capitalist Mode of Production

Wang Cheng-jin

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Abstract

The author points out that an accurate expression of the analysis paradigm productive force—production relations in classics of Marxism should be productive force—production mode—production relations,as the latter can better reflect the essence of economic activities and human social development in a more logical way.Starting from the analysis of this paradigm, the paper then discusses the major changes in the of production,that is,the mode that secures our own life,in the developed capitalist countries,which has been a consequence of the general development of virtual economy.These changes include the following: reduced reliance of production on the material capital,possibilities for the laborers to get rid of the control of production capital,more sources of income,changes in the needs of the consumers,higher professional level of the laborers,and hence labor is freed from the capital.All these changes have led to transformation of the capitalist of production marked by the control of capital over labor and labors.In this sense,virtual economy is an effective tool to ensure that this transformation can take place.

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What this paper is about

The author points out that an accurate expression of the analysis paradigm productive force—production relations in classics of Marxism should be productive force—production mode—production relations,as the latter can better reflect the essence of economic activities and human social development in a more logical way.Starting from the analysis of this paradigm, the paper then discusses the major changes in the of production,that is,the mode that secures our own life,in the developed capitalist countries,which has been a consequence of the general development of virtual economy.These changes include the following: reduced reliance of production on the material capital,possibilities for the laborers to get rid of the control of production capital,more sources of income,changes in the needs of the consumers,higher professional level of the laborers,and hence labor is freed from the capital.All these changes have led to transformation of the capitalist of production marked by the control of capital over labor and labors.In this sense,virtual economy is an effective tool to ensure that this transformation can take place.

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Available abstract

The author points out that an accurate expression of the analysis paradigm productive force—production relations in classics of Marxism should be productive force—production mode—production relations,as the latter can better reflect the essence of economic activities and human social development in a more logical way.Starting from the analysis of this paradigm, the paper then discusses the major changes in the of production,that is,the mode that secures our own life,in the developed capitalist countries,which has been a consequence of the general development of virtual economy.These changes include the following: reduced reliance of production on the material capital,possibilities for the laborers to get rid of the control of production capital,more sources of income,changes in the needs of the consumers,higher professional level of the laborers,and hence labor is freed from the capital.All these changes have led to transformation of the capitalist of production marked by the control of capital over labor and labors.In this sense,virtual economy is an effective tool to ensure that this transformation can take place.

Key concepts: Production (economics), Relations of production, Mode of production, Capital (architecture), Means of production, Capitalist mode of production, Economics, Transformation (genetics)

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